NYSAR News

Latest News

Housing starts plunge in Northeast

May 17, 2017

A pullback in the multifamily sector is taking the blame for a drop in housing starts last month. The U.S. Commerce Department reported that housing starts for single-family and multifamily homes dropped 2.6 percent to a seasonally adjusted annual rate of 1.17 million units in April.

Empire State housing market stays hot in January

New York State home sales remained strong to start the new year with 8,698 closed sales, falling just shy of the 2017 record for January, according to the annual housing market report released by the New York State Association of REALTORS. The January statewide median sales price of $266,000 represented an increase of 8.4 percent from a year ago. Click here to read more.